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Lotus Education And Arts Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351941942 ✦ Bloomington, IN ✦ Designated as a 501(c)(3)

Overview

What is Lotus Education And Arts Foundation Inc?

Lotus Education and Arts Foundation Inc, situated in Bloomington, Indiana, serves as a nonprofit organization dedicated to fostering an appreciation for global and international music, dance, and art activities. Through their initiatives, they have brought numerous live, international arts events to their community, engaging local participation in various aspects of production. Their outreach has reached an impressive 10,000 individuals, and they have donated a substantial amount of time, services, and financial resources, totaling $144,000. The organization's work has significantly contributed to stimulating and promoting international art culture in their community.


Official website here: www.lotusfest.org

Is Lotus Education And Arts Foundation Inc legitimate?

Lotus Education And Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lotus Education And Arts Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $54,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,133

For more financial information, click here


Official website here: www.lotusfest.org

What is the mission statement of Lotus Education And Arts Foundation Inc?

The Lotus Education and Arts Foundation Inc is committed to fostering interest and encouragement in global and international music, dance, and art activities. By serving around 10,000 individuals, the foundation brings live global arts events to the community, providing a platform for showcasing talent and engaging local participation in various aspects of production. Through their efforts, they have donated a considerable sum of $44,000 and an impressive $100,000 worth of personal time and services to support these activities.


Official website here: www.lotusfest.org

What is the revenue of Lotus Education And Arts Foundation Inc?

Lotus Education And Arts Foundation Inc's revenue in 2021 was $558,599.


Official website here: www.lotusfest.org

Who are the executives of Lotus Education And Arts Foundation Inc and what are their salaries?

The average compensation at Lotus Education And Arts Foundation Inc during 2021 was $21,440. There are 8 employees and 500 volunteers at Lotus Education And Arts Foundation Inc.

Here are 13 key members and their salaries:

    Tamara Loewenthal (Exec Dir)
  • Compensation: $54,385
  • Related: $0
  • Other: $0

    • Geoffrey Bradley (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Debikey (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Penna (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Riley Simone (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Qualls (Secy) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Genevieve Pritchard (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Harmon (Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Smith (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Stice (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Bartlett Stowers (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Valliant (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dedaimia Storrs Whiney (Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lotusfest.org

    Where can I find the form 990 for Lotus Education And Arts Foundation Inc?

    The Lotus Education And Arts Foundation Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.lotusfest.org

    Learn more at the official website: www.lotusfest.org

    Mission Statement of Lotus Education And Arts Foundation Inc

    Lotus Education and Arts Foundation Inc is committed to fostering curiosity and appreciation for international music, dance, and art. Their mission is to stimulate interest in these global cultures, encouraging local participation in various aspects of production. Through their efforts, they have brought numerous live events featuring global talents to the community, providing a platform for diverse artistic expressions. By achieving this, they have served over 10,000 individuals and donated a significant sum of $44,000 to support these activities. Moreover, Lotus Education and Arts Foundation Inc has demonstrated their dedication by donating over $100,000 worth of personal time and services, further emphasizing their unwavering commitment to promoting global and international music, dance, and art.

    Impact

    This information is meant to be a general summary of Lotus Education And Arts Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Lotus Education And Arts Foundation Inc has made a significant impact by stimulating and promoting interest in global and international music, dance, and art activities. Through their support of music and art initiatives, they have brought live global arts events to the community, showcasing talent and fostering local participation in all aspects of production. Serving over 10,000 clients, with a donated service value of $44,000 and personal time/services valued at $100,000, Lotus Education And Arts Foundation Inc has played a crucial role in enriching the cultural landscape of Bloomington, IN. Their mission to promote global and international arts activities aligns perfectly with their tag of "Arts," making them a key player in fostering creativity and appreciation for diverse art forms in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $54,273
  • Gross Receipts: $565,591

    • Assets and Liabilities:
  • Total Assets: $670,200
  • Total Liabilities: $4,458
  • Net Assets: $665,742
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Event Tix Sales #5110

    Revenue

    $52,851

    Concert Tix #5130

    Revenue

    $92

    Class Wkshp Fees #5140

    Revenue

    $1,330

    Other Prog Ser Rev #5100

    Organization Details

    Founding Year

    1994

    Main Address

    PO Box 1667, Bloomington, IN, 47402

    NTEE Category

    Code: A200 - Arts

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